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flag Thungela Resources reports a 16% revenue rise in 2024 but faces lower coal prices and EPS drop.

flag Thungela Resources reported increased coal production and revenue for 2024, with a 16% rise in revenue to R35.5 billion, despite a 27% drop in earnings per share due to lower coal prices. flag The company attributes the production boost to improved rail services by Transnet and efficient mine operations. flag Thungela forecasts similar production levels for 2025 and is optimistic about coal's role in emerging markets. flag Despite market challenges, the company plans to continue strategic investments and share buybacks.

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